Ferronordic Machines AB (publ) Interim Report January - June 2014
Press ReleaseStockholm, Sweden – 7 August 2014 STRONG RESULT DESPITE POLITICAL UNREST SECOND QUARTER 2014 · Revenue decreased by 11.5% to SEK 622.2m (SEK 703.4m) (2.2% decrease in rubles) · Operating profit increased to SEK 21.4m (SEK 21.1m) · Operating margin was 3.4% (3.0%) · EBITDA increased to SEK 48.7m (SEK 46.8m) · The after-tax result increased to SEK 13.8m (SEK -7.5m) · Earnings per ordinary share amounted to SEK 0.13 (SEK -0.75) · Cash flow from operating activities amounted to SEK -45.3m (SEK 22.5m) JANUARY - JUNE 2014 · Revenue decreased by